HONG KONG (Reuters) – China has approved the sale of HSBC's remaining $ 7.5 billion stake inside Ping An Insurance to a group controlled by Thailand's richest guy, providing the green light to the country's largest inbound M&A deal. For HSBC Holdings Plc , the sale marks its leave from a decade-long interest inside China's second-biggest insurer plus books it a $ 2.6 billion post-tax gain from marketing just what it no longer considers a core asset. …
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